UPDATE: Hudong-Zhonghua nets LNG tanker order

Hudong-Zhonghua Shipbuilding confirmed that it had signed a contract with BG to build four 174,000 cbm LNG tankers.

“With GTT No.96 E-2 membrane-type cargo tanks, these vessels are 290m in length, 46.95m in breath and 26.25m in depth,” the Chinese shipbuilder said in a statement.

The LNG vessels will be owned by a consortium consisting of BG, CNOOC Energy Technology and Services, China LNG Shipping, Teekay LNG Partners and BW’s LNG investment arm, according to local media reports.

Local media in China have also reported that the Export-Import Bank of China will lend $400m for the construction of the LNG tankers.

The tankers are expected to transport LNG from BG’s QCLNG project in Australia

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LNG World News Staff, July 4, 2014; Image: HZ-Shipgroup